25 Jan 2010

Consolidation patterns and their use

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  • Sandy Jadeja, Chief Market Strategist

    Sandy Jadeja, Chief Market Strategist

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When a bull or a bear flag is extended sideways, this is called a consolidation pattern. These are a type of continuation pattern, so after the sideways move, the market should maintain the dominant trend. This is a key pattern to watch for short and long term traders.

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